8 Project Management Tools You Should Know
Project management involves with effective plans and systematically organization of work. It includes defining the project objectives, making schedules and assigning tasks, in order to accomplish a successful goal. There are many tools that make project management more effective and efficient. The commonly used ones are Gantt chart, PERT chart, mind map, calendar, timeline, WBS chart, status table, and fishbone diagram. These tools are all incredibly useful for visualizing the scope of a project. You can choose one best fit your own situation.
Project Management Tool - Gantt Chart
Gantt chart can help in planning and managing projects by breaking a large project into a series of smaller tasks in an organized way. Each task has an expected time duration which is presented by a horizontal bar whose left end indicates the beginning date of the task and whose right end indicates the completion date of the task. Tasks may run sequentially, in parallel or overlapping. During the process, important events can be highlighted as "Milestone" which is marked by a small diamond shape.
From a Cantt chart, you can clearly recognize what the sub tasks are and when each task begins and ends. Presenting a visual overview of the project, you can easily track the progress by seeing what should be happening at any stage in the project.
Project Management Tool - PERT Chart
PERT is shorted for project evaluation and review technique. It's a primary project management tool used for planning and scheduling entire projects and tracking the implementation phase. PERT chart can also show task division, time allocation, and starting and ending dates. Unlike Gantt chart who uses bars to represent tasks, PERT chart displays information as a network model that uses boxes to represent tasks and arrows to present dependencies between tasks. The layout of a PERT chart makes the relationships between activities easier to see than with Gantt charts. But the disadvantage is it can be difficult to follow when there are many complex dependencies and tasks.
Project Management Tool - Calendar
Calendar is the date or time based project management tool which is the easiest to understand. It is more suitable for personal time management, to help better manage your daily, weekly or monthly time schedule. The outstanding part of this tool is that it has more space for adding to do lists. It will remind you what to do on each day and make sure things can be finished before deadline.
Project Management Tool - Timeline
Timeline is also a visual project management tool help in tracking project progress. With a time line, you can clearly visualize by what time a task needs to be done. It is a more sequential way at looking at tasks over time. However, timeline is not as popular as Gantt chart since it has limitations in showing task dependencies and the completion state.
Project Management Tool - WBS Chart
WBS, also known as work break down structure, is a common project management tool helps visualize the scope of work by breaking a project into individual components that can be effectively scheduled. The WBS is a tree style structure with the overall task on the top; followed by project sections and further into individual tasks. WBS examples are similar to a flowchart that has its components linked logically. The components may be explained in text, or in boxes.
Project Management Tool - Mind Map
Project Management Tool - Status Table
Statustableisaneffectivetoolwhichisusedtrackprojectprogress.Itdoesn't contain too much detail of the project duration and task relations, but with more focus on the status and complete progress. A great function of the status table is that it can also include people who take charge of the task, so that project leaders can better evaluate employee performance and know who to reach when there is a problem.
Project Management Tool - HOQ
HOQ,representinghouseofquality,isaqualitymanagementtoolusedtodefinetherelationshipbetweencustomerdesiresandtheproductcapabilities.It's a tool used in QFD to facilitate group decision-making. Though looks complicated, it's easy to create through Edraw. All the components in the FOQ, including the roof, matrix, legend box, and markers, are already included in the software. You can create a quality HOQ diagram with no efforts.
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